Ann: Bidders Statement,GXY-GMM.AX, page-10

If you're not Australian or New Zealand then sadly the offer does not apply and they will convert to GXY shares and sell them and send you the cash.

"If you accept the Takeover Offer and you are an Ineligible Foreign Shareholder, you will not be entitled to receive Galaxy Shares as consideration for your General Mining Shares. In these circumstances, the Galaxy Shares which would otherwise have been issued to you will instead be issued to the Sale Nominee who will sell those Galaxy Shares and remit the sale proceeds (less any transaction costs) to you by cheque in Australian dollars. See Section 9.17 of this Bidderís Statement for further details. As at the date of this Bidderís Statement, the Company proposes to appoint Canaccord Genuity (Australia) Limited (ABN 19 075 071 466) (Canaccord) as the Sale Nominee, subject to ASIC approval."

1. 9.17 Ineligible Foreign Shareholders
   General Mining Shareholders who are Ineligible Foreign Shareholders will not be entitled to receive Galaxy Shares as consideration for their General Mining Shares pursuant to the Takeover Offer.
   A General Mining Shareholder is an Ineligible Foreign Shareholder for the purposes of the Takeover Offer if their address as shown in the register of members of General Mining is in a jurisdiction other than Australia or its external territories or New Zealand. However, such a person will not be an Ineligible Foreign Shareholder if Galaxy is satisfied, in its sole discretion, that it is not legally or practically constrained from making the Takeover Offer to a General Mining Shareholder in the relevant jurisdiction and to issue Galaxy Shares to such a General Mining Shareholder on acceptance of the Takeover Offer, and that it is lawful for the General Mining Shareholder to accept the Takeover Offer in such circumstances in the relevant jurisdiction. Notwithstanding anything else in this Bidder's Statement, Galaxy is not under any obligation to spend any money, or undertake any action, in order to satisfy itself concerning any of these matters.
   The Galaxy Shares which would otherwise have been issued to Ineligible Foreign Shareholders will instead be issued to the Sale Nominee who will sell these shares. The proceeds of the sale (less any transaction costs) of such shares will then be remitted to the relevant Ineligible Foreign Shareholders (calculated on an average basis so that all Ineligible Foreign Shareholders who accept the Takeover Offer receive the same proceeds per General Mining Share, subject to rounding).